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Fri Sep 21, 2012, 03:44 PM

how does Romney get $100 million IRA with a $5K annual contribution limit

I think I need to see every year of taxes in deatil to understand that travesty

8 replies, 1499 views

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Reply how does Romney get $100 million IRA with a $5K annual contribution limit (Original post)
Fresh_Start Sep 2012 OP
PowerToThePeople Sep 2012 #1
Fresh_Start Sep 2012 #2
PowerToThePeople Sep 2012 #5
Fresh_Start Sep 2012 #7
gopiscrap Sep 2012 #3
El Supremo Sep 2012 #4
Fresh_Start Sep 2012 #6
El Supremo Sep 2012 #8

Response to Fresh_Start (Original post)

Fri Sep 21, 2012, 03:44 PM

1. it holds Bain stock n/t

 

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Response to PowerToThePeople (Reply #1)

Fri Sep 21, 2012, 03:45 PM

2. but was the stock priced at fair value or did he cheat.....

can't tell without the details

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Response to Fresh_Start (Reply #2)

Fri Sep 21, 2012, 03:47 PM

5. I would not think he cheated

 

It was just nearly "worthless" until he scrapped out his first buyout. Worthless to worth a lot is infinite gain.

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Response to PowerToThePeople (Reply #5)

Fri Sep 21, 2012, 03:50 PM

7. I don't know

I want to see the form that shows IRA contribution information

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Response to Fresh_Start (Original post)

Fri Sep 21, 2012, 03:47 PM

3. Yea I was wondering about that myself!

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Response to Fresh_Start (Original post)

Fri Sep 21, 2012, 03:47 PM

4. Rollover

And he can contribute $6K annually, just like me.

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Response to El Supremo (Reply #4)

Fri Sep 21, 2012, 03:49 PM

6. you are assuming

I want to know.

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Response to Fresh_Start (Reply #6)

Fri Sep 21, 2012, 03:50 PM

8. He must have had one fat pension from Bain or someone.

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